Bank Fixed Deposits (FDs) are a very safeway to jumpstart your savings. If you have a savings account (I am sure we all do) then this is an article that will help you yield better returns. It is often advisable to park your savings funds into a fixed deposit for the simple reason that if the money is lying idle for 2 mths or more then you will get higher returns than you would in a normal savings account i.e. 4%. Adding benefits are that this is a safe investment and has many features to choose from. As we are aware that India’s banking sectorRead More →

Money is something that needs to be managed well and any delay in its management can lead to losses that could have proven to be large profits. Given the present Indian scenario, I will be highlighting a few things to keep in mind while making investments. I am sure that these will prove good in long as well short term however reading the  fine prints during investment is a must as the investments  may be subjected to market risks 1.       Never put all eggs in one basket-DIVERSIFY An old saying but it holds true while making investment decisions. The concept behind this is that when youRead More →

The year of 2012 saw one of the biggest scandals in the international banking industry that went unnoticed and was less talked about amidst the Euro Zone crisis. The reason this becomes big now and needs immediate attention is because it could be the beginning of a ‘Big Bank Scandal’. When banks start operating purely for profit purposes, then any sort of manipulation may yield to serious results where the customers face huge losses and a loss of investors’ confidence. Before digging deep in the scandal, it is important to know exactly what Libor is and how it is controlled. Libor is London Inter-bank OfferedRead More →

From 1980 to 2012, India’s economy has come a long way. The regulatory structure of the economy and many sectors have seen a vast change. Along with a prominent services sector, the financial markets have developed too.They are more cushioned than before to face triggers in the economy.Foreign exchange reserves are larger and exchange rates are more market determined. In 1991 , India had an administered rate, private inflows were less and there were no dollars left for imports and hence new credits were not allowed. The government was about to default and only 3 week’s imports could be supported. Dr. Manmohan Singh, the finance ministerRead More →

The suspense over whether Spain will seek a bailout is getting more clear as there are hints in the market that there could be a bailout deal. Madrid has successfully raised €4.6bn (£3.7bn) which is definitely oversubscribed and good news for Spain-a sign that investors are more confident the government can pay its bills.. The auction results yielded some good results and brought relief to the city that has been seeing some tough times. Nick Spiro of Spiro Sovereign Strategy, an analyst says that although investors are starting to lose patience with Spain, they don’t want to throw in the towel for fear of missing out onRead More →

The International Monetary Fund on Sunday strongly backed the European Central Bank’s plan to staunch the euro zone debt crisis with unlimited bond purchases, saying it was ready to get involved in designing and monitoring its implementation. The European Central Bank(ECB) announced its most promising plan on Thursday so as to ease the Euro-zone crisis and save its single currency.The ECB’s pledge of support came with fine prints : countries seeking help from the central bank to help with their borrowing costs must first ask the 17-nation euro-zone’s existing bailout funds to buy their bonds keeping the International Monetary Fund involved. The sovereign debt is moreRead More →

A fall of domestic currency means alot to the associated country’s economy and its people. In recent times, huge fluctuations and a constant drop in the Indian currency, the Rupee, has uncovered the fact that our economy is facing hard and challenging times. Undoubtedly markets and economy suffers, but to a common man ,directly or indirectly, it hits hard on the budget, financial planning and investment strategies. This budget shift and change in the investor’s appetite works in opposite direction for Indians and Non-Resident Indians(NRIs).What is bad news to a common Indian, is definitely good news to a Non Resident Indian( NRI). For Indians: A commonRead More →